🔒 Is GDPR Losing Its Bite? Has It Failed to Live Up to the Hype? 🚫
With the threat of hefty fines, 4% of annual turnover or 20 million euros, whichever was more considerable, GDPR came out of the gate swinging, but with very few penalties hitting these headline-grabbing figures, has GDPR done what it set out to do?
Does GDPR need significant fines to be effective? The recent ISMS.online State of Information Security report highlighted that the average penalty for non-compliance is £250,000. For most businesses, that's a significant sum.
As GDPR turns five, Dan Raywood explores the hype surrounding the data privacy regulation and asks, are CEOs still taking it seriously?
👉https://www.isms.online/data-protection/are-businesses-still-taking-gdpr-seriously/
#GDPR #DataProtection #ComplianceEnforcement #PrivacyRegulation